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Q. What do you mean by Costs?
Costs Section 56 of the Environment Act describes costs as including ‘costs to any person and costs to the environment'. The costs of a project are the opportunity costs - the full value of any resource in its best alternative use. This can be estimated by the financial expenses incurred by an operator or proponent in meeting the requirements placed upon them by the authorising body, or any expenses incurred by the Agency in undertaking its actions. Similarly, the cost of a policy or programme can be measured by those it will affect. Costs also add any environmental, human health or other social impacts, which are detrimental in nature. Costs include any capital and recurrent expenditure, administrative costs, enforcement costs and monitoring, and research and development costs.
Q. What is International Monetary Fund? International Monetary Fund: An international financial institution established after World War II with the goal of stabilizing and regu
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Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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A competitive firm produces output using three fixed factors and one variable factor. The firm’s short-run production function is q = 154x – 5x2, where x is the amount of variable
Solve equation P=200-Qs and Qs=4.5p +5
What is ceteris Paribus? Ceteris paribus is a Latin phrase, literally translated as "other things the similar," and usually rendered in English as "all other things being equa
Expected Utility: Theory Assume that a utility index exists which conforms to the five axioms. The expected utility for the two-outcome lottery L = (P, A, B) is given by,
Critically appraise the IS-LM and the AD-AS models as analytical tools in explaining the macro-economy (the business cycle). In preparing your essay, please think about the followi
MUa/MUb how it happens? and why this occur?
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